October 8, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in ARADEL (-10.00%) and MTNN (-3.54%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.82% to settle at 248,042.50 points
- Year to date returns fell to settle at 59.40%
- Market capitalisation also fell by 0.82% to close at N161.05tn ($120.90bn)
- Activity level in the market improved with the total value and volume of stocks traded rising by 65.64% and 10.12% to settle at N38.02bn and 492.23mn units, respectively.